Wealth tax or Guillotine?
If the ultra rich say your idea will ruin the economy - congratulations, you’ve got a great idea.
not the onion
Is he showing any of his work, or is he just making stuff up? Seems like he’s just making stuff up.
Also, everyone should look at the “wealth to scale” webpage: https://dbkrupp.github.io/1-pixel-wealth/ . Humans are not good at scale, and this helps visualize it.
He isn’t the economy. The workers are.
Yep. Bad for the economy, good for the people.
Yacht sales will plummet by 5% though!
I think you are confused, why would it be bad for the economy?
“The economy” = rich people’s yachts.
But he’s a Job Creator or some shit
Cuase their job creators we have to treat them special. Job creators can’t go to jail or anything.
You know who else are job creators?
All of the people doing the actual work.
Vietnam would like a word.
Edit: I’m not pro death penalty (latest update has Vietnam actually removing it for this crime due to this case) but just showing the absolute night and day difference between how they treat capitalist that cause death and poverty through their greed.
When they inevitably try to pretend they are pulling business from new York when Mamdani becomes mayor. Please, everyone, use this as an opportunity to show how evil the structures of capitalism are.
It will be a perfect time to explain class conflict to your liberal friends. The interest of the people of New York will be held hostage by capital. And overwhelmingly popular policy will be talk about as “unrealistic” and “poor economics”.
Yes, that is why capitalist must lose their power. They are holding the popular policies of the people hostage. That power should not exist in their hands but the hands of the people.
Capitalism is incompatible with democracy. The economy and politics are not separate. We cannot have a dictatorship controlling our companies and economy and call it a “democratic process”.
Fellow socialist 🙌
Okay, but what if the financial sector launches a capital strike?
Cuba is a great example of the results. Powerful worker state, but it is bottled up and suffocated by the US led embargo.
France is not comparable to Cuba in this scenario
I mean you said it yourself, it’s an embargo. Good luck doing that to France.
Then the world must go on labor strike. Capital requires our consent. Withdraw consent, seize the means of production and begin the class war. We are outgunned, but they are outnumbered, and we can easily get more guns once they can’t get any more numbers.
Viva Revolución, Viva Cuba Libre!
Bernard Arnault is worth 157.3 billion USD. $1 billion dollars is 0.6% of their wealth. That’s fucking couch change. These fucking ghouls are so worried about their precious wealth they are willing to doom all of us.
Plus, he looks like the end of a Q-tip.
Did they base Mr Mackey off a billionaire? “Gotta make my nut.”
Epstein’s bud says it’s a bad idea. France has technology to solve this problem.
“Making crime illegal would be detrimental for hospitals, electronics stores and insurance companies among others” says Europe’s biggest criminal.
✅️ France running up huge deficits because it can’t tax the wealthy
✅️ Wealthy obstruct any attempt to make them pay there fair share
✅️ prime minister after prime minister go down trying to fix the financial crisis
☑️ frustrated
kingpresident calls the estates general…
☑️ this guys head in a basket
Let me fix the first: “France running up huge deficits because Macron spent his whole political career reducing taxes for the ultra-wealthy, and these parasites still pocketed a large amount of France and the EU Covid’s relief money as dividends and buyback schemes.”
You know, I was just thinking how awfully ironic it is that the guy who least wants his head chopped off is going to the people known for chopping heads off, giving them a reason to chop his head off.
His source is he made it up.
Actually it has some factual basis. He’s wealthy, it would be bad for him, he thinks he’s the economy. He just has a big, selfish, ego.
It could actually be true in the sense that producing 1mil things for 1€ each or producing a single overpriced luxury version of the same thing for 2mil€ is a 1mil€ difference in the GDP.
But I’d argue the first is still a better economy than the second. But economists will only like the second one.
These people have the same revenue as a small country, so I can see where they’re coming from.
I still think we should use their bodies as fertilizer.
Source: “trust me, bro”
Firstly, that’s just naked projection. Secondly… GOOD.
Sincerely, we need to treat people who can’t or won’t conceptualize ‘enough’ as hoarders with mental illness. He can never use his immense opulence or spend all of what he has, and he can’t be happy with it either. He should be separated from it, given a stipend that will meet all his needs and desires from it while he GOES TO REHAB, and the rest should be reinjected into the economy for social gain, and used to pay for the public programs and systems that made society work to begin with. Mostly because if it never worked he would never have had this opportunity to destroy it for his own pride.
while he GOES TO REHAB
Or we could go back to the precedent of the Middle Ages, and have him learn to free himself of worldly things by spending the rest of his life as an anchorite. Build a cell around him, attached to some remote church, and leave a slot at the bottom for bread and water to go in and shit to go out.
I mean, I can’t tell if this is sarcasm, but also, yes.
Every fucking time.
Goddamned, insatiably greedy motherfucker billionaires.
Confirmed by this quote in the article. Certified motherfucker.
Arnault, who lives in Paris, sparked a French national debate over tax in 2012 when he sought Belgian citizenship. However, in April 2013, he withdrew his application as “a gesture of my attachment to France and my faith in its future”, according to Bloomberg.
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But they didn’t have more money.
I think about this clip from The Boondocks more and more lately
They killed kings and queens with unbelievable wealth in France centuries ago and the country is still here. It proved that a nation can survive without a handful of people with massive wealth.
The point you’re trying to make is true, but your example doesn’t support it. By the time of the French Revolution, rich private citizens were already wealthier than the aristocracy, and those guys got even richer during the revolution after having bought former church or emigre land for pennies on the dollar. The French Revolution was a disaster on the wealth redistribution/“eat the rich” front.
Practice makes perfect! If you don’t succeed, try, try again!
Yeah… They didn’t kill the king because he was rich. They killed him because he was believed to be a traitor to the nation and to the revolution.
And because they just didn’t like him. Murder as a method of social transformation (basically ideology eugenics) was one of the constants of radical leftwing politics during the French Revolution, so killing was just the “natural” way of getting rid of a monarch you don’t want in your republic. That’s where the whole “no man can reign innocently” thing comes from; the pro-execution wing (aka the Mountain) tended to think of Louis XVI as categorically deserving of death, with what he actually did being mostly secondary. I mean, these are the guys who would run France during the Reign of Terror.
The time for talking about taxing the rich is over. Bring out the guillotines already.
Let’s get the old blood going again.
Seeing that he is French, one would think he should know better than to invite this to happen.
